MAR Q2 2024 Earnings — Marriott International, Inc. Revenue & Financial Results | Market Cap Arena

MARMarriott International, Inc.

$87B

Q2 2024 Earnings

Consumer Cyclical Travel Lodging

Income Statement

Revenue

$6.4B+6.0% YoY

Gross Profit

$1.5B23.3% margin

Operating Income

$1.2B18.6% margin

Net Income

$772M12.0% margin

EPS (Diluted)

$2.69

QoQ Revenue Growth

+7.7%

Cash Flow

Operating Cash Flow

$772M

Free Cash Flow

$647M

Stock-Based Comp.

$57M

Balance Sheet

Total Assets

$25.7B

Total Liabilities

$27.8B

Stockholders' Equity

-$2.1B

Cash & Equivalents

$349M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.4B	$6.1B	+6.0%
Gross Profit	$1.5B	$1.4B	+5.3%
Operating Income	$1.2B	$1.1B	+9.0%
Net Income	$772M	$726M	+6.3%

Revenue Segments

Reimbursements

$4.7B61%

Fee Service

$1.3B17%

Franchise

$818M10%

Management Service, Base

$525M7%

Owned, Leased and Other

$395M5%